Hackers hold Disney for ransom over new Pirates of the Caribbean movie

Hackers hold Disney for ransom over new Pirates of the Caribbean movie

Hackers hold Disney for ransom over new Pirates of the Caribbean movie

Hackers have claimed to of stolen an upcoming Disney movie for ransom.

Disney Chairman Bob Iger released on Monday that pirates of the digital wave had claimed that they have access to a Disney film. The company is now reportedly working with federal investigators and is waiting to see if the hackers makes good on the threat and release the film.

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Disney refused comment on the matter, it said, which online chatter ultimately debunked as a hoax.

The theft comes a few weeks after hackers stole the latest season of Netflix's "Orange is the New Black".

In 2014 hackers paralysed Sony Pictures and demanded the studio cancel distribution of The Interview, a comedy about a plot to assassinate North Korea's leader, Kim Jong-un.

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Iger said the extortionists threatened to release five minutes of the film and then 20-minute chunks unless a sizeable ransom was paid.

Since Friday, banks, hospitals and government agencies have been among a variety of targets for hackers exploiting vulnerabilities in older Microsoft computer operating systems.

Deadline confirmed that it was in fact Jerry Bruckheimer's fifth in the Pirates franchise, which is scheduled for release May 26. This follows a similar situation recently in which Netflix had 10 episodes of an upcoming unreleased series leaked by a hacker as a result of Netflix refusing to pay up.

But Iger insists the company bosses have chosen not to pay up.

The last four installments in the franchise have been huge successes for Disney, collectively grossing almost $3.73 billion worldwide, according to The Los Angeles Times.

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